The combination goes from the ascending trendline downwards
A bearish trend down to the next support at 0.002581300 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002621000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.002621 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.002621000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.002621000 |
Current Price | 0.002588600 |
Next Low | 0.002581300 |
2nd Low | 0.002506100 |
3rd Low | 0.002426000 |